Federal Register / Vol. 88, No. 233 / Wednesday, December 6, 2023 / Notices 84867 

efficiency, competition, and capital formation. See 

15 U.S.C. 78c(f). 

12 17 CFR 200.30–3(a)(12), (59). 

1 15 U.S.C. 78s(b)(1). 

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4See Securities Exchange Act Release No. 90610, 

86 FR 18596 (April 9, 2021) (S7–03–20). 

At any time within 60 days of the 

filing of the proposed rule change, the 

Commission summarily may 

temporarily suspend such rule change if 

it appears to the Commission that such 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or otherwise in furtherance of 

the purposes of the Act. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s internet 

comment form (https://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include file number SR– 

NYSE–2023–45 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549–1090. 

All submissions should refer to file 

number SR–NYSE–2023–45. This file 

number should be included on the 

subject line if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

internet website (https://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for website viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE, 

Washington, DC 20549, on official 

business days between the hours of 10 

a.m. and 3 p.m. Copies of the filing also 

will be available for inspection and 

copying at the principal office of the 

Exchange. Do not include personal 

identifiable information in submissions; 

you should submit only information 

that you wish to make available 

publicly. We may redact in part or 

withhold entirely from publication 

submitted material that is obscene or 

subject to copyright protection. All 

submissions should refer to file number 

SR–NYSE–2023–45 and should be 

submitted on or before December 27, 

2023. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.12

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–26728 Filed 12–5–23; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–99056; File No. SR– 

NYSEAMER–2023–61] 

Self-Regulatory Organizations; NYSE 

American LLC; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Update Citations to 

Rule 600(b) of Regulation National 

Market System 

November 30, 2023. 

Pursuant to Section 19(b)(1) 1 of the 

Securities Exchange Act of 1934 (‘‘Act’’ 

or ‘‘Exchange Act’’) 2 and Rule 19b–4 

thereunder,3 notice is hereby given that 

on November 20, 2023, NYSE American 

LLC (‘‘Exchange’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change as described in Items I and II 

below, which Items have been prepared 

by the self-regulatory organization. The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to update 

citations to Rule 600(b) of Regulation 

National Market System (‘‘Regulation 

NMS’’) in Rule 7.31E (Orders and 

Modifiers); Rule 5320—Equities 

(Prohibition Against Trading Ahead of 

Customer Orders); Rule 6140—Equities 

(Other Trading Practices); Rule 6810 

(Consolidated Audit Trail—Definitions); 

and Rule 7410—Equities (Definitions). 

The proposed rule change is available 

on the Exchange’s website at 

www.nyse.com, at the principal office of 

the Exchange, and at the Commission’s 

Public Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

self-regulatory organization included 

statements concerning the purpose of, 

and basis for, the proposed rule change 

and discussed any comments it received 

on the proposed rule change. The text 

of those statements may be examined at 

the places specified in Item IV below. 

The Exchange has prepared summaries, 

set forth in sections A, B, and C below, 

of the most significant parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to update 

citations to Rule 600(b) of Regulation 

NMS in Rule 7.31E (Orders and 

Modifiers); Rule 5320—Equities 

(Prohibition Against Trading Ahead of 

Customer Orders); Rule 6140—Equities 

(Other Trading Practices); Rule 6810 

(Consolidated Audit Trail—Definitions); 

and Rule 7410—Equities (Definitions). 

In 2021, the Securities and Exchange 

Commission (the ‘‘Commission’’) 

amended Regulation NMS under the Act 

in connection with the adoption of the 

Market Data Infrastructure Rules.4 As 

part of that initiative, the Commission 

adopted new definitions in Rule 600(b) 

of Regulation NMS and renumbered the 

remaining definitions, including the 

definition of Intermarket Sweep Order 

(formerly Rule 600(b)(30)), Listed 

Option (formerly Rule 600(b)(35)), and 

NMS Stock (formerly Rule 600(b)(47)). 

The Exchange accordingly proposes to 

update the relevant citations to Rule 

600(b) in its rules as follows. 

• The citation to the definition of 

Intermarket Sweep Order in Rule 

7.31E(e)(3), Rule 5320—Equities, 

Supplementary Material .04, and Rule 

7410(h) would be changed to Rule 

600(b)(38). 

• The citation to the definition of 

NMS Stock in Rule 6140—Equities(a) 

and Rule 6810(qq) would be changed to 

Rule 600(b)(55). 

• The citation to the definition of 

Listed Option in Rule 6810(y) would be 

changed to Rule 600(b)(43). 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 


lotter on DSK11XQN23PROD with NOTICES1
84868 Federal Register / Vol. 88, No. 233 / Wednesday, December 6, 2023 / Notices 

5 15 U.S.C. 78f(b)(5). 

6 15 U.S.C. 78f(b)(8). 

7 15 U.S.C. 78s(b)(3)(A). 

8 17 CFR 240.19b–4(f)(6). 

9 In addition, Rule 19b–4(f)(6) requires a selfregulatory organization to give the Commission 

written notice of its intent to file the proposed rule 

change at least five business days prior to the date 

of filing of the proposed rule change, or such 

shorter time as designated by the Commission. The 

Exchange has satisfied this requirement. 

10 17 CFR 240.19b–4(f)(6)(iii). 

11For purposes only of waiving the 30-day 

operative delay, the Commission has also 

considered the proposed rule’s impact on 

efficiency, competition, and capital formation. See 

15 U.S.C. 78c(f). 

Section 6(b)(5) of the Exchange Act,5 in 

that it is designed to prevent fraudulent 

and manipulative acts and practices, to 

promote just and equitable principles of 

trade, to foster cooperation and 

coordination with persons engaged in 

facilitating transactions in securities, to 

remove impediments to and perfect the 

mechanism of a free and open market 

and a national market system and, in 

general, to protect investors and the 

public interest. 

The Exchange believes that the 

proposed changes to its rules to correct 

citations to Rule 600(b) of Regulation 

NMS would remove impediments to 

and perfect the mechanism of a free and 

open market and a national market 

system because the proposed change is 

designed to update an external rule 

reference. The Exchange believes that 

member organizations would benefit 

from the increased clarity, thereby 

reducing potential confusion and 

ensuring that persons subject to the 

Exchange’s jurisdiction, regulators, and 

the investing public can more easily 

navigate and understand the Exchange’s 

rules. The Exchange further believes 

that the proposed amendment would 

not be inconsistent with the public 

interest and the protection of investors 

because investors will not be harmed 

and in fact would benefit from increased 

clarity, thereby reducing potential 

confusion. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

In accordance with Section 6(b)(8) of 

the Act,6 the Exchange believes that the 

proposed rule change would not impose 

any burden on competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. The 

proposed rule change is not intended to 

address competitive issues but rather 

would modify Exchange rules to update 

citations to Rule 600(b) of Reg NMS. 

Since the proposal does not 

substantively modify system 

functionality or processes on the 

Exchange, the proposed changes will 

not impose any burden on competition. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Pursuant to Section 19(b)(3)(A) of the 

Act 7 and Rule 19b–4(f)(6) 8 thereunder, 

the Exchange has designated this 

proposal as one that effects a change 

that: (i) does not significantly affect the 

protection of investors or the public 

interest; (ii) does not impose any 

significant burden on competition; and 

(iii) by its terms, does not become 

operative for 30 days after the date of 

the filing, or such shorter time as the 

Commission may designate if consistent 

with the protection of investors and the 

public interest.9

A proposed rule change filed 

pursuant to Rule 19b–4(f)(6) under the 

Act normally does not become operative 

for 30 days after the date of its filing. 

However, Rule 19b–4(f)(6)(iii) 10 permits 

the Commission to designate a shorter 

time if such action is consistent with the 

protection of investors and the public 

interest. The Exchange requested that 

the Commission waive the 30-day 

operative delay so that the proposal may 

become operative immediately upon 

filing. The proposed change raises no 

novel legal or regulatory issues and 

modifies the Exchange’s rules to correct 

citations to Rule 600(b) of Regulation 

NMS, which should help prevent 

confusion and result in increased clarity 

within the Exchange’s rules. Therefore, 

the Commission believes that waiver of 

the 30-day operative delay is consistent 

with the protection of investors and the 

public interest. Accordingly, the 

Commission hereby waives the 30-day 

operative delay and designates the 

proposed rule change operative upon 

filing.11

At any time within 60 days of the 

filing of the proposed rule change, the 

Commission summarily may 

temporarily suspend such rule change if 

it appears to the Commission that such 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or otherwise in furtherance of 

the purposes of the Act. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s internet 

comment form (https://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include file number SR– 

NYSEAMER–2023–61 on the subject 

line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549–1090. 

All submissions should refer to file 

number SR–NYSEAMER–2023–61. This 

file number should be included on the 

subject line if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

internet website (https://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for website viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE, 

Washington, DC 20549, on official 

business days between the hours of 10 

a.m. and 3 p.m. Copies of the filing also 

will be available for inspection and 

copying at the principal office of the 

Exchange. Do not include personal 

identifiable information in submissions; 

you should submit only information 

that you wish to make available 

publicly. We may redact in part or 

withhold entirely from publication 

submitted material that is obscene or 

subject to copyright protection. All 

submissions should refer to file number 

SR–NYSEAMER–2023–61 and should 

be submitted on or before December 27, 

2023. 


lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 88, No. 233 / Wednesday, December 6, 2023 / Notices 84869 

12 17 CFR 200.30–3(a)(12), (59). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.12

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–26729 Filed 12–5–23; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

Military Reservist Economic Injury 

Disaster Loans; Interest Rate for First 

Quarter FY 2024 

AGENCY: Small Business Administration. 

ACTION: Notice. 

SUMMARY: This is a notice for the 

Military Reservist Economic Injury 

Disaster Loans interest rate for loans 

approved on or after October 31, 2023. 

DATES: Issued on November 30, 2023. 

FOR FURTHER INFORMATION CONTACT: 

Robert Blocker, Office of Financial 

Assistance, U.S. Small Business 

Administration, at robert.blocker@

sba.gov; or (202) 619–0477. 

SUPPLEMENTARY INFORMATION: The Small 

Business Administration publishes an 

interest rate for Military Reservist 

Economic Injury Disaster Loans (13 CFR 

123.512) on a quarterly basis. The 

interest rate will be 4.000 for loans 

approved on or after October 31, 2023. 

Robert Blocker, 

Chief, Disaster Loan Policy Division, Office 

of Financial Assistance. 

[FR Doc. 2023–26397 Filed 12–5–23; 8:45 am] 

BILLING CODE 8026–09–P 

OFFICE OF THE UNITED STATES 

TRADE REPRESENTATIVE 

[Docket Number USTR–2023–0014] 

Request for Comments and Notice of 

a Public Hearing Regarding the 2024 

Special 301 Review 

AGENCY: Office of the United States 

Trade Representative. 

ACTION: Request for comments and 

notice of public hearing. 

SUMMARY: Each year, the Office of the 

United States Trade Representative 

(USTR) conducts a review to identify 

countries that deny adequate and 

effective protection of intellectual 

property (IP) rights or deny fair and 

equitable market access to U.S. persons 

who rely on IP protection. Based on this 

review, the U.S. Trade Representative 

determines which, if any, of these 

countries to identify as Priority Foreign 

Countries. USTR requests written 

comments that identify acts, policies or 

practices that may form the basis of a 

country’s identification as a Priority 

Foreign Country or placement on the 

Priority Watch List or Watch List. 

DATES: 

January 30, 2024 at 11:59 p.m. EST: 

Deadline for submission of written 

comments, hearing statements, and 

notices of intent to appear at the hearing 

from the public. 

February 13, 2024 at 11:59 p.m. EST: 

Deadline for submission of written 

comments, hearing statements, and 

notices of intent to appear at the hearing 

from foreign governments. 

February 21, 2024: The Special 301 

Subcommittee will hold a public 

hearing at the Office of the United State 

Trade Representative, 1724 F Street NW, 

Rooms 1&2, Washington, DC. If 

necessary, the hearing may continue on 

the next business day. Those who 

intend to testify at the public hearing 

must submit a notice of intent to appear 

by the deadlines stated above. Please 

consult the USTR website at https://

ustr.gov/issue-areas/intellectualproperty/Special-301 for confirmation of 

the date and location and the schedule 

of witnesses. 

February 28, 2024 at 11:59 p.m. EST: 

Deadline for submission of post-hearing 

written comments from persons who 

testified at the public hearing. 

On or about April 26, 2024: USTR 

will publish the 2024 Special 301 

Report within 30 days of the publication 

of the National Trade Estimate Report. 

ADDRESSES: USTR strongly encourages 

electronic submissions made through 

the Federal eRulemaking Portal: https:// 

www.regulations.gov (Regulations.gov). 

Follow the submission instructions in 

section IV below. The docket number is 

USTR–2023–0014. For alternatives to 

on-line submissions, please contact 

USTR at Special301@ustr.eop.gov before 

transmitting a comment and in advance 

of the relevant deadline. 

FOR FURTHER INFORMATION CONTACT: 

Claire Avery-Page, Director for 

Innovation and Intellectual Property, at 

Special301@ustr.eop.gov or (202) 395– 

6862. You can find information about 

the Special 301 Review at https://

www.ustr.gov. 

SUPPLEMENTARY INFORMATION: 

I. Background 

Section 182 of the Trade Act of 1974 

(Trade Act) (19 U.S.C. 2242), commonly 

known as the Special 301 provisions, 

requires the U.S. Trade Representative 

to identify countries that deny adequate 

and effective IP protections or fair and 

equitable market access to U.S. persons 

who rely on IP protection. The Trade 

Act requires the U.S. Trade 

Representative to determine which, if 

any, of these countries to identify as 

Priority Foreign Countries. Acts, 

policies or practices that are the basis of 

a country’s identification as a Priority 

Foreign Country can be subject to the 

procedures set out in sections 301–305 

of the Trade Act (19 U.S.C. 2411–2415). 

In addition, USTR has created a 

Priority Watch List and Watch List to 

assist in pursuing the goals of the 

Special 301 provisions. Placement of a 

trading partner on the Priority Watch 

List or Watch List indicates that 

particular problems exist in that country 

with respect to IP protection, 

enforcement or market access for 

persons that rely on intellectual 

property protection. Trading partners 

placed on the Priority Watch List are the 

focus of increased bilateral attention 

concerning the problem areas. 

USTR chairs the Special 301 

Subcommittee, which reviews 

information from many sources, and 

consults with and makes 

recommendations to the U.S. Trade 

Representative on issues arising under 

Special 301. Written submissions from 

the public are a key source of 

information for the Special 301 review 

process. In 2024, USTR will conduct a 

public hearing as part of the review 

process and will allow hearing 

participants to provide additional 

information relevant to the review. At 

the conclusion of the process, USTR 

will publish the results of the review in 

a Special 301 Report. 

USTR requests that interested persons 

identify through the process outlined in 

this notice those countries the acts, 

policies or practices of which deny 

adequate and effective protection for IP 

rights or deny fair and equitable market 

access to U.S. persons who rely on IP 

protection. The Special 301 provisions 

also require the U.S. Trade 

Representative to identify any act, 

policy or practice of Canada that affects 

cultural industries, was adopted or 

expanded after December 17, 1992, and 

is actionable under Article 32.6 of the 

United States-Mexico-Canada 

Agreement (USMCA) (as defined in 

section 3 of the USMCA Implementation 

Act). USTR invites the public to submit 

views relevant to this aspect of the 

review. 

The Special 301 provisions require 

the U.S. Trade Representative to 

identify all such acts, policies or 

practices within 30 days of the 

publication of the National Trade 

Estimate Report. In accordance with this 

statutory requirement, USTR will 


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